GUTHRIE SAVINGS INC
8-K, 1997-09-19
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934



                                 Date of Report
                               September 16, 1997
                               -------------------



                           Guthrie Savings, Inc.
                           ---------------------
    (Exact name of Registrant as specified in its Charter)



          Delaware                 0-24468             73-1452383
          --------                 -------             ----------
(State or other Jurisdiction    (SEC File No.)       (IRS Employer
      of incorporation)                           Identification Number)


120 North Division, Guthrie, Oklahoma                    73044
- -------------------------------------                    -----
(Address of principal executive offices)               (Zip Code)



Registrant's telephone number, including area code:   (405) 282-2201
                                                      --------------


                                 Not Applicable
          -------------------------------------------------------------
          (Former name of former address, if changed since last Report)



<PAGE>



                              GUTHRIE SAVINGS, INC.

                      INFORMATION TO BE INCLUDED IN REPORT
                      ------------------------------------










Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
- --------------------------------------------------------------------------




Exhibit 99 -- Press Release dated September 17, 1997
- ----------

<PAGE>





                                   SIGNATURES


         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  the  report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                   GUTHRIE SAVINGS, INC.



Date: 9-18-97                      By: /s/William L. Cunningham
     --------                          ------------------------
                                       William L. Cunningham
                                       President





                                   EXHIBIT 99

<PAGE>

                                  Press Release


                                               Contact:   William L. Cunningham
                                                          (405) 282-2201


                                                          For Immediate Release
                                                          September 17, 1997



                              Guthrie Savings, Inc.
                                  Cash Dividend

         Guthrie,   Oklahoma  --September  16,  1997--  William  L.  Cunningham,
President, of Guthrie Savings, Inc. (the "Corporation"),  Guthrie, Oklahoma, the
holding company of Guthrie  Federal  Savings Bank (the "Bank"),  announced today
that the  Corporation's  Board of Directors has declared a special cash dividend
of .50(cent) per share to stockholders of record as of October 1, 1997.

         Mr.  Cunningham  indicated  that the cash  dividend  is being paid as a
result of continued  profitability  of the  Corporation and the Bank, its wholly
owned subsidiary. The payment of future dividends will be subject to the Board's
periodic review of the financial condition,  earnings,  and capital requirements
of the Company and the Bank.

         The  Bank  is  a  federally   chartered   stock   savings   association
headquartered in Guthrie, Oklahoma. The Bank's deposits are federally insured by
the Federal Deposit Insurance  Corporation ("FDIC"). On August 31, 1997, Guthrie
Savings,  Inc.  had total assets and  stockholders'  equity of  $48,661,706  and
$7,469,432, respectively.

         The common stock of the  Corporation is traded in the  over-the-counter
market.




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